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Cost reduction in the European Banking sector - Roland Berger

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SAVINGS<br />

Th<strong>in</strong>k ahead: from cost adaptation to cost transformation<br />

ARE YOU WELL PREPARED?<br />

DESIGN A 3-STEP COST TRANSFORMATION JOURNEY<br />

Review of cost-related announcement<br />

of top 25 <strong>European</strong> banks<br />

UNPREPARED?<br />

WELL PREPARED<br />

High<br />

25%<br />

Re<strong>in</strong>vent<br />

<strong>the</strong> cost model<br />

38%<br />

38%<br />

Accelerate / Amplify /<br />

Align (AAA)<br />

conventional levers<br />

15%<br />

25%<br />

Remove local<br />

<strong>in</strong>efficiencies<br />

PREPARED BUT WILL IT BE ENOUGH?<br />

Low<br />

TIME<br />

Source : Annual reports, <strong>Roland</strong> <strong>Berger</strong> analysis<br />

Bank<strong>in</strong>g_cost_<strong>reduction</strong>_FINAL_270712.pptx<br />

24

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